• Terraform Labs‘ Terra Classic (LUNC) has gained compatibility with Interchain Station, with more blockchains set to join in the future.
• The market capitalization of Terra Classic (LUNC) stands at approximately $981,178,831 and a 24-hour traded volume of $97,623,378.
• The integration of the Interchain Station is expected to have a long-term impact on LUNC price.
Terraform Labs‘ blockchain network, Terra Classic (LUNC), has made a huge breakthrough by gaining compatibility with Interchain Station. With this move, the Terra Classic (LUNC) network will join a list of other blockchains including Osmosis, Juno, and SEI, among others, in order to steer forward the Web3 industry. According to Terraform Labs‘ lead developer Jared, more blockchains will be joining the Interchain Station in order to enable seamless communication between different blockchains at all times.
The market capitalization of Terra Classic (LUNC) stands at approximately $981,178,831 and a 24-hour traded volume of $97,623,378. While the announcement did not have a positive impact on the LUNC price on Wednesday, the integration of the Interchain Station is expected to have a long-term impact on LUNC price. Additionally, DeFi developers will be able to access oracle data from different chains via the Interchain Station with ease.
The TFL Interchain integration was initially expected to be unveiled on January 12, however, Jared surprised the LUNC community by announcing the launch of the integration on January 10. Furthermore, a support team for the Interchain Station will be put in place in the coming days.
Overall, the addition of the Interchain Station to the Terra Classic (LUNC) network is a major breakthrough for the Web3 industry. This move will enable seamless communication between different blockchains and, in turn, help to further the development of the industry. Additionally, this integration is expected to have a long-term positive impact on the price of LUNC.